Strider Technologies, a strategic intelligence startup, has successfully closed a $55 million Series C funding round, marking the largest investment in its history as of September 12, 2024.

The funding round was led by Pelion Venture Partners and included participation from AXA Venture Partners, Valor Equity Partners, DataTribe, and Cyfr Capital.

With this new capital, Strider aims to continue its growth by empowering organizations to proactively address nation-state threats and enhance their competitive position in the global economy.

The investment will support Strider's rapid revenue growth and enhance its AI-driven strategic intelligence platform, enabling the automation of intelligence operations and the development of large language models.

Strider is focusing on applications in supply chain risk, talent management, and email security, which are significant market topics according to COO Eric Levesque.

The company's platform utilizes AI and proprietary methodologies to transform publicly available data into critical strategic insights, assisting organizations in securing their assets.

Strider's technology helps protect organizations, including Fortune 500 companies and government agencies, against threats from nation-state actors such as China, Russia, and Iran.

Additionally, Strider plans to increase its presence in the government sector by providing open-source intelligence to help agencies assess nation-state risks within commercial supply chains.

The funding will also be used to expand operations into new markets in Europe and Asia while strengthening Strider's presence in the public sector.

Founded in 2019 by brothers Greg and Eric Levesque along with Mike Brown, Strider has grown to nearly 200 employees and raised a total of $112 million across four funding rounds.

Strider has established offices in London and Japan to address the growing awareness of economic security related to national security on a global scale.

Differentiating itself from cyber intelligence firms, Strider focuses on specific areas like geopolitical risk and vendor due diligence, avoiding direct competition.